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Oil, Crude, trading
Read More »The Pound Continues Its Downward Path 27/2022
Oil May Reverse to The Upside 27/1/2022
Oil, Crude, trading
Read More »Gold Suffers From Selling Pressure 27/1/2022
Gold prices reversed the expected bullish tendency during the previous analysis. We relied on the stability of trading above the support line of the ascending price channel located at 1825. As we mentioned, any attempts to break the mentioned level can stop the bullish trend and start negative pressure on …
Read More »The Euro Touches The Bearish Targets 27/1/2022
The single European currency succeeded in touching the goals mentioned in the previous report at 1.1220, recording its lowest level during the early trading of the current session at 1.1220. Technically, looking at the 4-hour chart, we notice the negative pressure of the simple moving averages that support the bearish …
Read More »GBP/JPY: Trying to Recover 26/1/2022
Limited positive trading returned to control the pound’s movements against the Japanese yen during the previous trading session, benefiting from approaching the psychological barrier support level 153.00, recording its lowest price at 153.12. Technically, the pair’s current moves are witnessing stability and a pivot above the support level of 153.20, …
Read More »The Canadian Dollar: Repeats The Chances of a Rising 26/1/2022
The Canadian dollar is positively trying to recover after confirming the breach of the resistance level 1.2526 to retest the strong resistance level 1.2670. Technically, by carefully looking at the 4-hour chart, we notice that the 50-day moving average is still holding the price from below, supporting the attempts to …
Read More »The Pound Trying to Recover 26/1/2022
Oil, Crude, trading
Read More »Oil is Looking For More Gains 26/1/2022
Oil, Crude, trading
Read More »Gold Resumes Its Rise, Eyes on Fed 26/1/2022
Gold managed to retest the support line of the ascending price channel shown on the chart located at 1825, maintaining the bullish bias and hovering around its highest level during the early trading of the current session 1844. Technically, and carefully looking at the 4-hour chart, we notice the regularity …
Read More »The Euro Continues Its Gradual Decline 26/1/2022
The single European currency declined significantly against the US dollar, within the expected bearish context during the previous analysis, heading towards the first price target, 1.1270. Technically, the Euro tried to benefit from the 1.1270 support floor, which forced the intraday movements to a limited upward bias to retest 1.1300. …
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